Forbo Holding AG

Chart & Performance

D1W1MN

P/E

10.95

P/S

0.93

EPS

67.42

Div Yield, %

3.39%

Shrs. gr., 5y

-2.52%

Rev. gr., 5y

-2.63%

Revenues

1.12b

-4.53%

Net income

95m

-7.04%

CFO

136m

-15.25%

Dividend

Apr 10, 202425 CHF/sh

Earnings

Jul 24, 2025

Profile

Forbo Holding AG produces and sells floor coverings, building and construction adhesives, and power transmission and conveyor belt solutions in Switzerland and internationally. The company operates through two divisions, Flooring Systems and Movement Systems. The Flooring Systems division develops, produces, and sells linoleum, vinyl floorings, entrance flooring systems, carpet tiles, needle felt floor coverings, washable textile floorings, and building and construction adhesives, as well as various accessory products for laying, processing, cleaning, and care of flooring. This division also provides ready-made adhesives for floor covering installations, parquet flooring, and ceramic tiles, as well as leveling compounds for the construction industry and liquid floors under the trade name of Eurocol. Its products are used in public buildings, department stores, hospitals and other healthcare facilities, schools, libraries, commercial and office spaces, leisure centers, shops, hotels, restaurants, and cafeterias; as well as for applications in the residential market. The Movement Systems division offers conveyor and processing belts, plastic modular belts, power transmission belts, and timing and flat belts under the Siegling brand name. Its products are used in various applications in industry, trade, and the service sector, including conveyor and processing belts in the food industry; treadmill belts in fitness studios; and flat belts in mail distribution centers. The company was founded in 1928 and is headquartered in Baar, Switzerland.

URL

https://www.forbo.com/flooring/de-at/

IPO date

Aug 02, 1996

Employees

5,357

Domiciled in

Incorporated in

Valuation

Order:

Title CHF in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CHF in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	1,122,000 -4.53%	1,175,200 -9.12%	1,293,200 3.13%
Cost of revenue	999,500	1,037,800	1,140,800
Unusual Expense (Income)
NOPBT	122,500	137,400	152,400
NOPBT Margin	10.92%	11.69%	11.78%
Operating Taxes	26,500	29,500	29,600
Tax Rate	21.63%	21.47%	19.42%
NOPAT	96,000	107,900	122,800
Net income	95,100 -7.04%	102,300 0.89%	101,400 -28.19%
Dividends	(35,200)	(32,600)	(35,300)
Dividend yield	3.31%	2.19%	2.30%
Proceeds from repurchase of equity	2,000	(11,600)	11,700
BB yield	-0.19%	0.78%	-0.76%
Debt
Debt current			39,000
Long-term debt		53,800	53,200
Deferred revenue			(26,600)
Other long-term liabilities	126,300	94,100	110,300
Net debt	(109,100)	(17,200)	43,700
Cash flow
Cash from operating activities	135,600	160,000	81,400
CAPEX		(45,300)	(30,900)
Cash from investing activities	(43,800)	(44,100)	(30,900)
Cash from financing activities	(51,100)	(87,900)	(93,900)
FCF	64,500	130,200	74,300
Balance
Cash	109,100	69,100	46,700
Long term investments		1,900	1,800
Excess cash	53,000	12,240
Stockholders' equity	1,024,700	553,700	550,100
Invested Capital	699,300	662,460	678,200
ROIC	14.10%	16.10%	18.40%
ROCE	16.17%	20.14%	21.81%
EV
Common stock shares outstanding	1,410	1,410	1,414
Price	755.00 -28.37%	1,054.00 -3.13%	1,088.00 -41.82%
Market cap	1,064,819 -28.34%	1,485,903 -3.39%	1,537,997 -46.64%
EV	955,719	1,468,703	1,581,697
EBITDA	168,300	187,500	213,200
EV/EBITDA	5.68	7.83	7.42
Interest	1,700	3,800	2,500
Interest/NOPBT	1.39%	2.77%	1.64%